Examples include construction of a new mine, purchase of software, or purchase of machinery and equipment for a factory. Spending by households (not government) on new houses is also included in Investment. In contrast to common usage, ‘Investment’ in GDP does not mean purchases of financial products.

To calculate GDP by the expenditure method, one must add… Consumption spending, investment spending, government spending, and net exports. What is the largest component of spending in the United States? Consumption spending.

Government spending

Exports

These states are the wealthiest in the country:

• New Hampshire.
• Washington.
• Connecticut.
• California. Median household income: $80,440.
• Hawaii. Median household income: $83,102.
• New Jersey. Median household income: $85,751.
• Massachusetts. Median household income: $85,843.
• Maryland. Median household income: $86,738.

These are the top 10 most successful states in America based on the GOBankingRates’ report.

• New Jersey.
• Massachusetts.
• New Hampshire.
• Washington, D.C.
• California.
• Alaska.
• North Dakota.
• Virginia.

So without further ado, here’s a look at the most boring states in America:

• Idaho.
• South Dakota.
• Nebraska.
• Wyoming.
• Kansas.
• Iowa.
• Utah.
• Montana.

Indiana

States With the Most Affordable Housing

• Ohio.
• Indiana.
• Pennsylvania.
• Nebraska.
• North Dakota.
• Oklahoma.
• West Virginia.
• Michigan.

South Dakota